1. A.

   1. 1. An individual whose principal place of business is not in this state, having a valid certificate or license from any jurisdiction which the Oklahoma Accountancy Board or its designee has verified to be substantially equivalent to the Certified Public Accountant and Public Accountant licensure requirements of this title, shall be presumed to have qualifications substantially equivalent to this state’s requirements and shall have all the privileges, including responsibilities and obligations, of certificate and license holders of this state without the need to obtain a certificate, license or permit required under Sections 15.9 and 15.13 of this title. However, an individual shall notify the Board of the individual’s intent to practice in the state under this provision. Notification shall be waived to a certificate or license holder of another jurisdiction exercising the privilege afforded under this section by that jurisdiction to an Oklahoma certificate or license holder for the equivalent privilege to practice in that jurisdiction.
   2. 2. An individual whose principal place of business is not in this state, having a valid certificate or license from any jurisdiction which the Board or its designee has not verified to be substantially equivalent to the CPA and PA licensure requirements of this title, shall be presumed to have qualifications substantially equivalent to this state’s requirements and shall have all the privileges, including responsibilities and obligations, of certificate and license holders of this state without the need to obtain a certificate, license or permit required under Sections 15.9 and 15.13 of this title, if such individual obtains from the Board or its designee verification that such individual’s CPA or PA qualifications are substantially equivalent to the CPA or PA licensure requirements of this title. However, such individuals shall notify the Board of their intent to practice in the state under this provision. Notification shall be waived to a certificate or license holder of another jurisdiction exercising the privilege afforded under this section by that jurisdiction to an Oklahoma certificate or license holder for the equivalent privilege to practice in that jurisdiction.

   3. 3. Any certificate or license holder of another jurisdiction exercising the privilege afforded under this section hereby consents, as a condition of the granting of this privilege:

      1. a. to the personal and subject matter jurisdiction and disciplinary authority of the Board,
      2. b. to comply with the Oklahoma Accountancy Act and the Board’s rules, and
      3. c. to the appointment of the state board which issued the individual’s license as the individual’s agent upon whom process may be served in any action or proceeding by the Board against the certificate or license holder.
   4. 4. The Oklahoma Accountancy Board shall charge a fee to a certificate or license holder of another jurisdiction exercising the privilege afforded under this section in an amount equal to the fees charged by that jurisdiction to an Oklahoma certificate or license holder for the equivalent privilege to practice in that jurisdiction.
2. B. A registrant of this state offering or rendering services or using the registrant’s CPA or PA title in another jurisdiction shall be subject to disciplinary action in this state for an act committed in another jurisdiction which would subject the certificate or license holder to discipline in that jurisdiction. The Board shall be required to investigate any complaint made by the board of accountancy of another jurisdiction.

Laws 2002, SB 1429, c. 312, § 8, eff. November 1, 2002; Amended by Laws 2004, SB 1488, c. 125, § 14, eff. November 1, 2004 (superseded document available).